What You Need to Know
Aritzia plans to open 12 to 13 new stores and reposition four to five existing boutiques in its upcoming fiscal 2027 year, nearly doubling the pace of its just-completed year which saw five new openings. The Canadian “everyday luxury” retailer said almost all of the new locations will be in the US, though it did not name specific markets. The expansion comes on the heels of a record-breaking fourth quarter, with net revenue hitting $1.2 billion, up 33% from the prior year, and comparable sales growing 28%.
CEO Jennifer Wong credited the results to strong demand for the brand’s everyday luxury positioning, new boutique openings and digital initiatives. US net revenue grew 38% while Canada grew 24% for the period. Looking ahead, Aritzia expects full-year net revenue of $4.4 billion to $4.6 billion for fiscal 2027, representing growth of roughly 19% to 24%. Founded in 1984, the retailer now operates more than 140 boutiques split roughly equally between the US and Canada.
